BEIJING  As the Chinese government forges ahead on a multibillion-dollar effort to blanket the country with surveillance cameras, one American company stands to profit: Bain Capital, the private equity firm founded by Mitt Romney.

In December, a Bain-run fund in which a Romney family blind trust has holdings purchased the video surveillance division of a Chinese company that claims to be the largest supplier to the governments Safe Cities program, a highly advanced monitoring system that allows the authorities to watch over university campuses, hospitals, mosques and movie theaters from centralized command posts.

The Bain-owned company, Uniview Technologies,(浙江宇视科技有限公司) produces what it calls infrared antiriot cameras and software that enable police officials in different jurisdictions to share images in real time through the Internet. Previous projects have included an emergency command center in Tibet that provides a solid foundation for the maintenance of social stability and the protection of peoples peaceful life, according to Univiews Web site.

General Electric is planning to move its 115 year old X-ray division from Waukesha, Wis., to Bejing. In addition to moving this headquarters, the company will invest $2 billion in China, train more than 65 engineers and create six research centers. Remember this is the same GE that made $5.1 billion in the United States last year but paid no taxes.

President Obama appointed GE chairman Jeffrey Immelt to head his commission on job creation in the United States. But it appears that President Obama forgot to tell him in which country he was supposed to be creating jobs for.

Let's keep the thread on MITT ROMNEY/PRC this morning, though, if we can. :-) I think personally this story could in fact grow legs, about Gov. Romney's investment of funds in companies directly involved in the Red Chinese domestic state police (and police state!) infrastructure, and therefore, in surveillance of the Chinese People.

4
posted on 03/16/2012 6:40:44 AM PDT
by AmericanInTokyo
(Drop the Spite & Unite for Rick in the General. Otherwise it'll be "see ya in the O-bot camps" time.)

Believe me. Push those kinds of US products in China on a mass scale, and they will roll out the same types of products for monitoring YOU and ME in the US, with the profits from their China operations. Its all seemless, and on top of that, besides, the Chinese people deserve freedom (they scream out as much for it on Obama's Google Plus account, flooding it in the last few weeks) as much as any other people in the world. They have been enslaved for way too long; what the hell our US businesses doing, having a technical and profit-motive hand in that Communist oppression? I think we should not contenance it anywhere in the world...if we truly stand for America and for Freedom.

14
posted on 03/16/2012 7:24:47 AM PDT
by AmericanInTokyo
(Obama: Illegals will get temporary visas if they can merely claim domestic violence, male on female)

Romney:  Yeah, I ran Bain Capital, but I was only a figurehead. I was just a money raiser.....I had nothing to do with day to day operations Think he wouldnt say this, if the $hit hit the fan?

That would mean that Romney doesn't actually know jacksh*t about 'creating jobs', only about padding the pockets of his liberal pals (and his own, of course).

Nothing wrong with making money, not at all but nobody is going to tell me that Romney is some sort of latter day acolyte of the one serious economic policy that WORKED, which is the 'bane' (pun intended) of all true leftists, and that is REAGANOMICS, why?

Because it LIMITS government spending, CUTS taxes on all wage earning Americans, ENCOURAGES consumer spending, which actually increases incoming revenue for the government, allowing it to operate without continuous tax hikes, fees and other socialistic garbage.

"When you want more of something, you subsidize it, when you want less of something, you tax it and regulate it" ~Ronald Reagan

18
posted on 03/16/2012 2:41:52 PM PDT
by mkjessup
(Jimmy Carter is the Skidmark in the panties of American history, 0bama is the yellow stain in front!)

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